Tower Semiconductor's (TSEM) "Hold (C)" Rating Reaffirmed at Weiss Ratings

Key Points

• Tower Semiconductor's stock retains a "hold (C)" rating according to Weiss Ratings, while other analysts offer varying recommendations, with a consensus target price of $67.60.
• The company's stock recently rose 2.9%, trading at $74.16, with a market cap of $8.22 billion.
• Tower Semiconductor's latest earnings report showed a missed EPS estimate of $0.41 against the expected $0.47, but revenues of $372.06 million surpassed analyst expectations.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report)'s stock had its "hold (c)" rating reissued by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also weighed in on TSEM. Benchmark boosted their target price on Tower Semiconductor from $66.00 to $73.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Susquehanna set a $66.00 price target on Tower Semiconductor and gave the stock a "positive" rating in a research note on Tuesday, August 5th. Barclays started coverage on Tower Semiconductor in a research report on Thursday, September 18th. They issued an "equal weight" rating and a $74.00 price objective on the stock. Finally, Wedbush set a $65.00 price target on Tower Semiconductor and gave the company an "outperform" rating in a report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $67.60.

Tower Semiconductor Stock Up 2.9%

Shares of TSEM stock traded up $2.08 during trading hours on Wednesday, reaching $74.16. The company had a trading volume of 772,249 shares, compared to its average volume of 1,197,270. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.57 and a quick ratio of 5.50. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 42.62 and a beta of 0.87. The business has a fifty day simple moving average of $60.46 and a 200-day simple moving average of $47.11. Tower Semiconductor has a 12 month low of $28.64 and a 12 month high of $76.86.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.06). Tower Semiconductor had a return on equity of 7.37% and a net margin of 13.20%.The business had revenue of $372.06 million for the quarter, compared to analysts' expectations of $371.63 million. During the same quarter in the previous year, the firm earned $0.53 earnings per share. Tower Semiconductor's quarterly revenue was up 6.0% compared to the same quarter last year. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, research analysts expect that Tower Semiconductor will post 1.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tower Semiconductor

Institutional investors and hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in Tower Semiconductor by 5.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,577 shares of the semiconductor company's stock valued at $703,000 after purchasing an additional 643 shares during the period. Assenagon Asset Management S.A. grew its stake in Tower Semiconductor by 219.3% during the 1st quarter. Assenagon Asset Management S.A. now owns 641,105 shares of the semiconductor company's stock valued at $22,362,000 after acquiring an additional 440,314 shares in the last quarter. Fifth Third Bancorp grew its stake in Tower Semiconductor by 18.0% during the 1st quarter. Fifth Third Bancorp now owns 9,885 shares of the semiconductor company's stock valued at $352,000 after acquiring an additional 1,509 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Tower Semiconductor in the 1st quarter valued at approximately $551,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Tower Semiconductor by 47.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 29,300 shares of the semiconductor company's stock worth $1,045,000 after acquiring an additional 9,400 shares during the last quarter. 70.51% of the stock is owned by hedge funds and other institutional investors.

Tower Semiconductor Company Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.

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